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National Treasury lines up Sh76.5bn switch bond offer
The National Treasury says the issuance of the switch bond aligns with the 2025/26 fiscal year borrowing plan which seeks to reduce pressure from maturing instruments.
Investors in a three-year government bond maturing on May 11, 2026 will be offered the opportunity to roll over their principal into 10 and 15-year securities next week.
This comes as the National Treasury resumes liability/debt management operations to smoothen risks associated with maturing domestic debt.
